Hindalco trading well below crucial level....our message is, Don't try bottom fishing as long as trading below this Level...
History Repeats ?
In July 2011, the same pattern formation and fall was steap......now, it may happen or it may not happen...but...one should avoid Hindalco as of now......just a caution and watch for study purpose....
We are neither "Bull" nor ""Bear", we are here to make money........nothing else.......if we want to trade Hindalco...we will trade if we get opportunity......The above message is to watch how stock behaves in cyclical manner..
This is not a trading call...